Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Russia - 2022

Contents:

  1. Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Russia (CIF) - 2022
  2. Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Russia (FOB) - 2022
  3. Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Russia
  4. Exports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Russia

Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Russia (CIF) - 2022

In 2022, the average import price for edible products of animal origin; not elsewhere specified or includeds amounted to $30,710 per ton, declining by -6.1% against the previous year. Overall, the import price, however, saw significant growth. The pace of growth was the most pronounced in 2020 when the average import price increased by 463% against the previous year. Over the period under review, average import prices attained the maximum at $32,688 per ton in 2021, and then reduced in the following year.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to +4.3% per year.

Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Russia (FOB) - 2022

In 2022, the average export price for edible products of animal origin; not elsewhere specified or includeds amounted to $13,231 per ton, with an increase of 633% against the previous year. Over the period under review, the export price enjoyed a buoyant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($13,440 per ton), while the average price for exports to Ukraine totaled $12,857 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+28.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Russia

After two years of decline, overseas purchases of edible products of animal origin; not elsewhere specified or includeds increased by 368% to 18 tons in 2022. Overall, imports, however, faced a dramatic shrinkage.

In value terms, imports of edible products of animal origin; not elsewhere specified or includeds soared to $562K in 2022. In general, imports continue to indicate perceptible growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China56.784.4125562114.8%
Kazakhstan2823.82.2N/A-91.2%
Belarus0.515.6N/AN/A3020.0%
Kyrgyzstan188N/AN/AN/A0%
OthersN/A0.61.0N/A66.7%
Total5271041285622.2%

Top Suppliers of Edible Products of Animal Origin; Not Elsewhere Specified or Included to Russia in 2022:

  1. China (18.3 tons)

Exports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Russia

In 2022, exports of edible products of animal origin; not elsewhere specified or includeds from Russia dropped notably to 39 kg, waning by -99.9% compared with the previous year's figure. Overall, exports saw a precipitous setback. The pace of growth was the most pronounced in 2021 with an increase of 6.8%.

In value terms, exports of edible products of animal origin; not elsewhere specified or includeds reduced remarkably to $516 in 2022. Over the period under review, exports recorded a precipitous contraction. The smallest decline of -29.9% was in 2021.

Export of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belarus98.238.612.20.3-85.5%
Ukraine70.161.60.20.2-85.8%
Kazakhstan16794.4112N/A-18.1%
Armenia2.83.9N/AN/A39.3%
Mongolia22.4N/AN/AN/A0%
Others6.22.116.1N/A61.1%
Total3672011410.5-88.9%

Top Export Markets for Edible Products of Animal Origin; Not Elsewhere Specified or Included from Russia in 2022:

  1. Belarus (25.0 kg)
  2. Ukraine (14.0 kg)

Source: IndexBox Market Intelligence Platform

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